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Arsene Wenger insists Arsenal can cope financially without Champions League football

Arsene Wenger is yet to reveal whether or not he will stay at Arsenal beyond the end of the season
Image: Arsene Wenger says Arsenal do not need Champions League qualification to compete financially

Arsene Wenger has said Arsenal can cope financially without Champions League football, but admits he is more fearful than ever the club will miss out this year.

Arsenal go into their final league game of the season on Sunday in fifth, knowing even a victory at home to Everton may not be enough to usurp Manchester City or Liverpool, both of whom have Champions League qualification in their own hands.

Some Arsenal fans have protested against Wenger remaining at the Emirates as the club's wait for another Premier League title has gone on
Image: Arsenal fans have protested against Wenger remaining at the Emirates

Protests have been ongoing from sections of supporters who want to see Wenger replaced in the summer, with marches and boycotts taking place in recent weeks.

Minority shareholder Alisher Usmanov has also reportedly made a £1billion bid to purchase Stan Kroenke's 67 per cent of the club, while Wenger has yet to reveal whether he will remain at the club and sign a new contract.

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But the Frenchman insists failing to qualify for Europe's top club competition next season won't have a disastrous financial effect for the club.

"It [the top four] has not the financial weight that it had before, for sure, because television money has gone up (in the Premier League)," Wenger said.

"Financially you don't suffer anymore. I was sitting here during the period when we had to pay the stadium back and the income of the Champions League was absolutely vital.

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LONDON, ENGLAND - APRIL 30: Olivier Giroud of Arsenal reacts to Tottenham Hotspur scoring their second goal during the Premier League match between Tottenh
Image: The Gunners have endured a disappointing campaign this season

"On the financial point we are not in trouble. It's more the fact that we want to play in the best competition. Financially, no, it's not a disaster."

For the first time since 2006, Arsenal head into the final weekend of the campaign as outsiders to finish in the top four, when 11 years ago a sickness bug hit the Spurs squad who were then beaten at West Ham.

Wenger delivered again then, but even if he had not, another bite of the cherry would come later as they faced Barcelona in the Champions League final. No such chances exist this time around.

"In 2006, you are playing Barcelona in the final and you still thought you had a chance to win the Champions League and to be in the Champions League again," said Wenger.

LONDON - MAY 07: Martin Jol, manager of Tottenham Hotspur, (C) looked dejected as his team miss out on a Champions League place following  the Barclays Pre
Image: The last time Arsenal were outsiders for the top four on the final day, Martin Jol's Spurs squad suffered a sickness bug and lost at West Ham

"So the fear not to be in it was less big. This time, we are less likely to be in it but we still can manage it only by focusing on what we think is important, which is to win the game.

"We want to play in the best competition and that's why we want to be in the Champions League. And we are very close as well.

Arsenal's French manager Arsene Wenger watches from the touchline during the English Premier League football match between Crystal Palace and Arsenal at Se
Image: Wenger has yet to confirm if he will remain beyond the current season

"We are one point away. We have a possibility to do it and if it's a small one we have to be professional and do it to the end."

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